Thursday AM Lock Advisory & Market News 7-9-15

• 1-7 Day Close: LOCK
• 8-14 Day Close: LOCK
• 15-30 Day Close: LOCK

MORTGAGE MARKET INDICATORS

• Freddie Mac Average:30-Yr FRM, on: 7-9-15: 4.04% - Down 0.02 point
• Rate Price Based on 3% MBS - Currently, Up 0.3 Point.
• DJI Stocks - Currently, $17,699.38, Up $183.96
• Asian & European Stock Market Indexes Up 0.937%
• Crude Oil (WTI) - Currently, $52.80, Up $1.15
• Gold 1 Ounce - Currently, $1,163.00, Unchanged $0.00 

MARKET REPORTS & ANALYSIS     

• Initial Weekly Jobless Claims were a little higher than expectations. Generally, this would be a tad beneficial for pricing but not this morning.
• Wednesday: The safe move is to lock after four straight days of improved rates. 
• Tuesday: 12:24 PM Prices worsened and some lenders posted midday price increases. Readers had about a half hour warning.
• Markets are still driven by the uncertainty of Greek economy.